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And its Techniques
DATA
MINING
• Definition: Data mining is the process of extracting knowledge
or insights from massive amounts of data through statistical
and computational techniques.
• Objective: Finding hidden patterns and relationships in data to
make predictions or informed decisions.
• Importance: Enables companies to gain insights into clientele,
improve revenue, reduce costs, and develop effective
marketing strategies.
Introduction to Data Mining
How Data Mining Works
• Process: Examining and evaluating big
data blocks to find significant patterns
and trends.
• Applications: Fraud detection, credit
risk management, spam filtering,
market research, etc.
• Steps:
• Data Gathering and Loading
• Data Organization and Planning
• Custom Application Software
Utilization
• Association Rules
• Classification
• Clustering
• Decision Trees
• K-Nearest Neighbor (KNN)
• Neural Networks
• Predictive Analysis
Data Mining Techniques
Data Mining
Process
• Understand the
Business
• Understand the Data
• Prepare the Data
• Build the Model
• Evaluate the Results
• Implement Change and
Monitor
Thank's For Watching
www.reallygreatsite.com
team@agiledock.com
41-42, Pu4, Scheme No 54,
Behind C21 Mall, Vijay Nagar,
Indore, Madhya Pradesh-
452010
7024217659

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Simplify Data Mining Methods and Benefits Unveiled.pptx

  • 2. • Definition: Data mining is the process of extracting knowledge or insights from massive amounts of data through statistical and computational techniques. • Objective: Finding hidden patterns and relationships in data to make predictions or informed decisions. • Importance: Enables companies to gain insights into clientele, improve revenue, reduce costs, and develop effective marketing strategies. Introduction to Data Mining
  • 3. How Data Mining Works • Process: Examining and evaluating big data blocks to find significant patterns and trends. • Applications: Fraud detection, credit risk management, spam filtering, market research, etc. • Steps: • Data Gathering and Loading • Data Organization and Planning • Custom Application Software Utilization
  • 4. • Association Rules • Classification • Clustering • Decision Trees • K-Nearest Neighbor (KNN) • Neural Networks • Predictive Analysis Data Mining Techniques
  • 5. Data Mining Process • Understand the Business • Understand the Data • Prepare the Data • Build the Model • Evaluate the Results • Implement Change and Monitor
  • 6. Thank's For Watching www.reallygreatsite.com team@agiledock.com 41-42, Pu4, Scheme No 54, Behind C21 Mall, Vijay Nagar, Indore, Madhya Pradesh- 452010 7024217659